43.6617° N · 79.4207° W — Palmerston-Little Italy, Toronto — MLS® #C13562684
452 Montrose Ave
$3,049,000
Palmerston-Little Italy, Toronto, Ontario M6G 3H1
- 5+1
- BedroomsBeds
- 5
- BathroomsBaths
- 3000-3500 sqft3000-3500
- SizeSq ft
- 17.92 x 120 ft
- Lot sizeLot
Inquire about this listing
In short · from the listing record
452 Montrose Ave is a 5+1-bedroom, 5-bathroom triplex in Palmerston-Little Italy, Toronto, listed for sale at an asking price of $3,049,000 (MLS® C13562684).
A rare opportunity to own an architecturally acclaimed, turnkey income property in the heart of Toronto's coveted Bickford Park/Christie Pits neighbourhood. Delivering a true 3.5%+ cap rate with strong positive monthly cash flow, this exceptional investment offers immediate income with long-term appreciation potential. The property features three separately contained residences: two spacious townhome-style suites plus a newly built, detached laneway house. Designed by Toronto's renowned Fishtnk Design, every detail was thoughtfully considered to maximize tenant appeal while providing low-maintenance, hassle-free ownership. Each suite offers 2 bedrooms, 2 full bathrooms, a private entrance, and its own exclusive courtyard, creating highly desirable living spaces that command premium rents. Bright, open-concept interiors are flooded with natural light and showcase contemporary finishes, efficient layouts, and all-new mechanical systems and infrastructure for worry-free ownership. This award-worthy property has been featured in The Globe and Mail, blogTO, and City Pages, highlighting its exceptional design and innovation. Fully tenanted with excellent occupants, this is a true turnkey investment requiring nothing to do but collect the rent. Located steps from Christie Pits Park, Bickford Park, TTC subway stations, vibrant cafés, restaurants, shops, and some of Toronto's most desirable neighbourhood amenities, this is a premier investment opportunity in one of the city's strongest rental markets. Zoning-compliant, fully-permitted, legal rental suites. New appliances, HVAC, smart thermostats, tankless HWTs, three laundry sets, LEDs, white oak floors, porcelain tile, quartz counters. Separately metered gas and hydro.
Listing readings
How it measures up
Scores from the listing record and the market around it.
78Good
Condition score
2 documented update signals
Listing age, structured features and disclosed update language; not an inspection.
5Shortfall
Cash flow quality
−$8,802/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 62 homes with 6 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $10,688 / 2025
- MLS® number
- C13562684
- Board
- TRREB MLS®
- Property Type
- Triplex
- Time on market
- Size
- 3000-3500 sqft
- Lot Size
- 17.92 x 120 ft
- Listed on
- Parking
- None, 0 Parking
Listing history
Listing activity for 452 Montrose Ave, Toronto, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $3,049,000 | N/A | Pc | C13562684 |
Inside
Room by room
From the listing.
- Living4.0 × 4.3 mhardwood floor, Combined W/Family, Open Concept
- Kitchen4.0 × 4.35 mhardwood floor, Eat-In Kitchen, Breakfast Bar
- Living3.44 × 4.05 mhardwood floor, Combined W/Family, Large Window
- Kitchen2.52 × 3.35 mQuartz Counter, Combined W/Dining, Porcelain Floor
- Room 93.38 × 3.77 mhardwood floor, 2 Pc Bath, W/O To Patio
- Kitchen3.38 × 3.38 mQuartz Counter, Combined W/Dining, Porcelain Floor
- Br4.0 × 4.38 mhardwood floor, Skylight, Balcony
- 2nd Br3.0 × 4.0 mhardwood floor, Large Closet, Natural Finish
- Br3.41 × 5.69 mhardwood floor, 3 Pc Ensuite, Skylight
- Br2.62 × 4.63 mhardwood floor, 3 Pc Bath, Large Closet
- 2nd Br2.44 × 3.56 mhardwood floor, Skylight, Natural Finish
- 2nd Br2.46 × 3.0 mPorcelain Floor, 3 Pc Bath, W/O To Patio
Property
- Property Type
- Triplex
- Style
- 2-Storey
- Community
- Palmerston-Little Italy
- Municipality
- Toronto
Building
- Size
- 3000-3500 sqft
- Construction
- Metal/Side
Inside
- Bedrooms
- 5+1
- Bathrooms
- 5
- Bathroom Details
- 1 × 2pc Main, 3 × 3pc 2nd, 1 × 2pc Main
- Basement Type
- Finished with Walk-Out
- Kitchens
- 3
Parking
- Driveway
- None
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 17.92 ft
- Depth
- 120 ft
- Lot Size
- 17.92 x 120 ft
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Christie Station | TTC subway: Line 2 Bloor-Danforth | 300 m |
| Ossington Station | TTC subway: Line 2 Bloor-Danforth | 450 m |
| Bathurst Station | TTC subway: Line 2 Bloor-Danforth | 950 m |
| Bloor GO | GO Transit train: KitchenerUP Express train | 2.4 km |
| Cedarvale Station | TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton | 4.3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- Heritage and ravineNone foundNot found on the Heritage Register
- Heritage and ravineNone foundNot in a mapped Heritage Conservation District
- Heritage and ravineNone foundNot in the mapped ravine protection area
- ZoningR (d0.6) (x735)Residential zone (R) · Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(735)
- Permits3 clearedMultiple Projects Issued March 20, 2020 · Building Permit Related(PS) Issued October 11, 2019 · Building Permit Related(MS) Issued May 31, 2019
- Signals nearbyNone openNo open development applications within 800 m of this home.
- ca regulatedNone in rangeNot in Toronto and Region Conservation Authority’s mapped regulated area
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- trailOn recordA trail on the Ontario trail network within 1 km
- permitsOn record46 building permits issued within 250 m in the last 2 years
- airportOn recordNearest airport: 3.8 km
- parcelOn recordMapped parcel: about 2,510 sq ft Measured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
- water wellsNone in rangeNo water-supply well recorded within 250 m 7 test or monitoring holes also recorded.
- npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada The nearest is Mondelez Canada Inc — Gladstone, 1.4 km away. Only facilities above the inventory’s reporting thresholds are listed.
- fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
- electricityOn recordElectricity is distributed here by Toronto Hydro-Electric System Limited
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 90 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (90 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Toronto and Region Conservation Authority or the record’s publisher.
City of Toronto Open Data and zoning map, read at this address. Contains information licensed under the Open Government Licence – Toronto. City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Lot
- Lot area
- 2,150 sq ft200 m²
- Street frontage
- 17.92 ft5.5 m
- Depth
- 120 ft36.6 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land transfer tax on this home
- Ontario land transfer tax
- $62,700
- Toronto municipal land transfer tax
- $63,190
- Total land transfer tax
- $125,890
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $117,415
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $3,049,000
- $26,225
- Ontario total
- $62,700
Toronto’s municipal tax has its own higher brackets at this price, so it adds $63,190.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- Montrose Junior Public SchoolToronto DSBPublic · grades JK–690%Grade 6 average350 m
- Clinton Street Junior Public SchoolToronto DSBPublic · grades JK–692%Grade 6 average700 m
- ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–660%Grade 6 average700 m
- St Francis of Assisi Catholic SchoolToronto CDSBCatholic · grades JK–880%Grade 6 average800 m
SecondaryGrade 9 math 2024–25
- Central Toronto AcademyToronto DSBPublic · grades 9–1247%Grade 9 math450 m
- Harbord Collegiate InstituteToronto DSBPublic · grades 9–12 · French Immersion77%Grade 9 math500 m
- Loretto College SchoolToronto CDSBCatholic · grades 9–1240%Grade 9 math850 m
- École secondaire Toronto OuestConseil scolaire ViamondeFrench-language public · grades 9–1282%Grade 9 math1.9 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$14,802
- Mortgage$13,911
- Property tax$891
A planning figure, not a quote.
Land transfer tax
$125,890
$117,415 for first-time buyers; Toronto adds its own tax.
Rent, similar homes
$6,000
a month, median asking rent of 62 similar homes in Toronto.
Community
Who lives around it
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Shemeer AhmadVALERY REAL ESTATE INC.
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